Stock is in intermediate wave 5 of primary 3 and targets 290 (CMP 236). Its covered by only one analyst – Axis Securities(target 265), and the analyst has done full justice with his research and is quite a good effort on practical grounds. At 290, the stock will be valued at app. 25x FY25 earnings (around 40x TTM). Strong dealers network of over 800, capex focus...
Price retraced 61.8% (i.e. 215 INR) from it's current low. On a montly basis stock down -17.46%; and on weekly basis it is up 9.71%. Today stock down 2.47% There is a opportunity to short this stock on the basis of price action.
The breakout candidate was happening above 192, 200 zone. Now price has came to the same zone and testing earlier breakout, looking the structure. It’s the cheapest one Please note this is for only educational purpose The chart is self explanatory
below 240 is good to buy .Best buy from 211, minimum 2X target.Take your trade as per your risk apatite. I'm a stock market learner.
Long above 260 with a stoploss below 245. Above that price would be a wedge breakout. Would do a 2nd addition above 270 once it gives a weekly breakout.
JTLIND - Trending Up nicely. Consecutive new Highs rally may continue further. Buy above 255 | Tgt 282 |Sl 240 my view can be biased, Do your own Analysis.
BUY - JTL INDUSTRIES LTD CMP - Rs. 297 Target - 1: Rs. 525 Target - 2: Rs. 759 . Timeframe - 3 months - 10 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
#JTL Industries -It is an integrated manufacturer & supplier of steel tubes, pipes and allied products . -Market Cap₹ 3,985 Cr. ROCE 34.6% InstHold 3.40% -Growth YOY #Q2FY24 Opreational Revenue 37% PAT 33% -Breakout abv 245.
JTLIND looks good, it broke all time high on 25th September.
📈 Bullish Pattern at Channel Support 🐂 📊 Pattern: Wedge/Triangle, Double Bottom & Parallel Channel. 📌 Symbol/Asset: JTL INDUSTRIES 🔍 Description: Two pattern made in daily time frame, Stock lucrative at channel support of 392. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial...
After breaking out the supply zone (244-269) it went into a consolidation of 30weeks in 24% range it broke out of it and formed another base of 3 weeks and 9% range. The stock is showing immense strength. A trend based fib is not feasible as the data is too short. So we would look for price action and strength. It is trading above all the key moving averages. ...
Happy Friendship day to all my fellow Traders! -> As already Explained from chart JTL INDUSTRIES has given a remarkable symmetrical tringle breakout. -> Since 8 months It was in consolidation phase forming a beautiful tringle pattern. -> After successful breakout it has retraced back to its breakout point multiple times and started accumulating, Then again in a...
Dear Traders, This scrip looks good as it had formed a good Pattern and it is expected to move Upwards in the coming days. So traders keep this scrip on your radar to catch the Momentum. Thanks to All 🙏🙏🙏
JTL Industries is offering good opportunity. Stock has given breakout and retest the same. keep on radar
Navarro 200 Harmonic Pattern Mid to Long Term JTLIND Buy above 342 SL below 320 Targets 346, 355, 360, 366 + ***Educational Purpose only***
Recently JTL industries has given range breakout of 6 month on closing basis. Seems retest has also been done. Keep on radar. Looking good for further upmove
The stock could breakout soon into a fresh ATH. Its already had a wedge breakout after a long consolidation. Long above 375 with a SL below 349.
As chart shown strong breakout and breakout seen through channel